Ngwee Ngwee Ngwee Fund (NNNF)
category:
dMRV, RBF
date:
May, 2025
client:
Ministry of Energy and Mining – Malawi
Digital Backbone for Results-Based Financing in Malawi
The Ngwee Ngwee Ngwee Fund (NNNF) is a $20 million World Bank–funded Results-Based Financing initiative launched in 2023 to accelerate rural electrification across Malawi through off-grid solar solutions.
Designed to catalyze private sector participation in energy access, the Fund provides $14 million in concessional loans and $6 million in Results-Based Financing (RBF) grants to participating solar companies. The RBF window delivers approximately 15% end-user subsidies, reducing the cost of solar home systems and making electricity more affordable for rural households.
By blending debt financing with targeted subsidies, NNNF strengthens the commercial viability of off-grid solar companies while directly expanding access to electricity in underserved communities. The program supports Malawi’s national objective of increasing electricity access to 30%, laying the foundation for long-term, market-driven energy expansion.
The Eleorun Solution
Eleorun customized and deployed Prospect, the world’s only open-source dMRV platform tailored for energy access and Results-Based Financing programs with the following deliverables:
- Custom NNNF deployment of Prospect
- Subsidy logic implementation
- Automated RBF eligibility checks
- Deduplication across national ID records
IVA verification workflows (desk, phone, field) - Claims submission and approval pipeline
- Grant disbursement tracking
- Audit logs and compliance reporting
- CRM integrations
Over 250,000 households have gained electricity access as of May 2025, exceeding the initial target of 200,000. AUSTIN THEU, PROJECT MANAGER (NNNF)
With the successful implementation under MEAP Component 1, Eleorun, in conjunction with the Access to Energy Institute continues to support NNNF under Component 2 (ASCENT Malawi) to scale the platform for:
811,000 additional SHS installations
Clean cooking monitoring
Carbon credit tracking
GPS-validated eligibility enforcement
Advanced API integrations
Expanded reporting and analytics
